Verizon Communications Inc., Intel share losses lead Dow's 180-point drop

Shares of Verizon Communications Inc. and Intel are trading lower Friday afternoon, dragging the Dow Jones Industrial Average into negative territory. Shares of Verizon Communications Inc.

and Intel

are contributing to the index’s intraday decline, as the Dow

was most recently trading 180 points (0.6%) lower. Verizon Communications Inc.’s shares are down $3.46 (7.3%) while those of Intel are down $1.59 (3.9%), combining for an approximately 33-point drag on the Dow. Other components contributing significantly to the decline include Nike
Salesforce Inc.
and Microsoft
A $1 move in any one of the 30 components of the benchmark equates to a 6.59-point swing.

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